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Foreclosure Homes in Western Springs, IL

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Heritage-ct-Western-springs-IL-60558
Preforeclosure
$437,240 EMV

Heritage Ct
Western Springs, IL 60558

3 Bed | 3 Bath | 2,685 Sq. Ft.

Wolf-rd-Western-springs-IL-60558
Preforeclosure
$329,733 EMV

Wolf Rd
Western Springs, IL 60558

2 Bed | 1 Bath | 882 Sq. Ft.

Grand-ave-Western-springs-IL-60558
Preforeclosure
$600,630 EMV

Grand Ave
Western Springs, IL 60558

4 Bed | 1 Bath | 2,674 Sq. Ft.

Franklin-ave-Western-springs-IL-60558
Preforeclosure
$529,324 EMV

Franklin Ave
Western Springs, IL 60558

4 Bed | 3 Bath | 1,171 Sq. Ft.

Displaying 1 - 4 of 4
 

Home Value Estimator For Western Springs, IL

There are currently 4,563 real estate properties in Western Springs, IL, with a median automated valuation model (AVM) price of $596,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Western Springs, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Western Springs, IL, is $673,046.00, with the most expensive house in Western Springs, IL, topping out at $3,611,000.00 and the cheapest home in Western Springs, IL, clocking in at $153,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Western Springs, IL!


Rent Prices In Western Springs, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Western Springs, IL, is on a rollercoaster ride. The average rent price in Western Springs, IL, is $2,711.00. Indeed, when looking to rent in Western Springs, IL, you can expect to pay as little as $1,250.00 or as much as $3,680.00, with the average rent median estimated to be $2,690.00. The good news is that finding an affordable and desirable property to rent in Western Springs, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Western Springs, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Western Springs, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Western Springs, IL and much more. Save thousands at closing with home foreclosure listings in Western Springs, IL — up to 75% off market value!


Top Reasons To Live In Western Springs, IL In 2021

Western Springs is located in Cook, Illinois, with an estimated municipal population of 13,359 residents. All of the best foreclosed homes for sale in Western Springs are located in the following zip code areas on Foreclosure.com: 60558. The estimated population per square kilometer (.62 miles) in Western Springs is 1,849.


Cost Of Living In Western Springs, IL

So, about how much do homes cost in Western Springs? The most recent median value of resident-owned homes in Western Springs is 605,375. An estimated 96.5 percent of households in Western Springs own their homes, with an average family size of 3.42. The median household income in Western Springs is 174,760, with73 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Western Springs, the median commute time of resident workers (in minutes) is 31.3. And last, but certainly not least, are you looking for homes to rent in Western Springs? If so, the average rent price paid by renters in Western Springs is 2,009, according to recent statistics.


Diversity And Demographics In Western Springs, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Western Springs, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Western Springs is 41.4, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Western Springs is 70.5, with an average family size of 3.42.

The percentage of residents who report their race in Western Springs is as follows:

White 96.5%
Black / African American 0.9%
Asian 1%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Western Springs? Or maybe you are searching for 55+ active adult communities in and/or near Western Springs?

The percentage of residents who report their age in Western Springs is as follows:

Under 10 18%
Aged 10-19 16.3%
20s 5%
30s 9.3%
40s 12.9%
50s 15.5%
60s 12.6%
70s 6.3%
80+ 4.2%

Best Schools In Western Springs, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Western Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Western Springs.


Pros And Cons Of Living In Western Springs, Illinois

How do you know that living in -- or moving to -- Western Springs is right where you need to be? Perhaps you grew up in Western Springs or already live nearby; therefore, the decision to buy a home in Western Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Western Springs for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Western Springs:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Western Springs.


Reasons To Move To Western Springs, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Western Springs can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Western Springs, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Western Springs, IL

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